2 CFR 180.305 - May I enter into a covered transaction with an excluded or disqualified person?

Code of Federal Regulations - Title 2: Grants and Agreements (December 2005)


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TITLE 2 - GRANTS AND AGREEMENTS

SUBTITLE A - OFFICE OF MANAGEMENT AND BUDGET GUIDANCE FOR GRANTS AND AGREEMENTS

CHAPTER I - OFFICE OF MANAGEMENT AND BUDGET GOVERNMENTWIDE GUIDANCE FOR GRANTS AND AGREEMENTS

PART 180 - OMB GUIDELINES TO AGENCIES ON GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)

subpart c - RESPONSIBILITIES OF PARTICIPANTS REGARDING TRANSACTIONS DOING BUSINESS WITH OTHER PERSONS

180.305 - May I enter into a covered transaction with an excluded or disqualified person?

  (a) You as a participant may not enter into a covered transaction with an excluded person, unless the Federal agency responsible for the transaction grants an exception under 180.135.

  (b) You may not enter into any transaction with a person who is disqualified from that transaction, unless you have obtained an exception under the disqualifying statute, Executive order, or regulation.